The Hawaiian gazette., 1887-08-02
COM mER CIAL.
Eoy0LULT. 4rGTST > 1881.

EE-N VI ( 4 AZ y 4 q 1871.
Considerable activity seems to prevail
about the docks. the number of large and
small craft, being unusually large.
Following is Williams, Diamond 4 Co. s
circular, received eX Australia, on Tuesday
last
SAN FRANcsco, July 18th, 1887.
Our last circular was dated June slst, per
steamer Australia.
STGAR-The prices OF the American Sugar
since June ist On the 5th inst, the California
Refinery reduced its prices sc. per ID. on all
grades, except Extra c. and Golden c. which re
main unchanged or sc. per 10. above the
prices Of the American Rennery. Prices OF the
two Refneries for all other grades are the same
The Cuba basis for deliveries TO the American
Refinery under contract, remained at S-loe-
from May slst 10 July 18th. On this GATE aoeoTo-
ing TO sales in New York. ii advanced TO . 1-SSc'
and again on the i4th 10 SIC. for 70 test whlch
is the basis to-day.
EASTERN AND FoREIGS MAEKETs:-Since our
last circular there has been better feeling shown
in Raws in all OF the principal markets OF the
world and prices have advanced IN tue European
markets and strengthened somewhat IN New
The advance in Foreign markets has carried
the value of Beets far beyond the reach OF buyers
in the New York market The advance is said
TO b. due 10 specula alton based upon lighter crops
and unpropitious weather, but the difference in
valu. between spot and future deliveries is too
great 10 be healthily maintained On the 9th
value OF spot.
INrEsr MalL ADvicEs from New York OF the
9th inst, state that hrmer tsne mas been oevel'
OpRd in thar market and has been caused partly
by an improved demand and partly on account OF
Il quicker absorption OF Refined on domestic As
well a. export account and the strong position
81 supplies IN Europe.
sales have been OF moderate proportions, but
the improved inquiry and willingness TO bid
show that Refneries are disposed to replenish
1heir stocks AZ current values, although not IN
firaEefnr need The strength The EurODeaD
markets however have made holders less anxious
20 sell.
Messrs Willett & Hamlin in their circular, y,
the sth inst. state that there are some features
OF the sugar situation which can be seen 10 point
20 an improvement in prices in the United States.
The most important Is me question OF future
supplies IL compared with last year.
European being sc. shove the parity OF our
market FOR Beet Sugar, OF course without change
il prices. viii not receive the 81 90 tons Beet
Sugar which came 10 us from July 10 December
The stock OF sugar in Cuba July list was l45.OoC
tons (six ports against 2sOOOl tons 81 same time
The United States received from Cuba ~. 600
tons from July LIST 10 December Sist, 1886. Ap-
plying The same basis We viii receive 5000 tons
daring the last half OF this year, which Is a
minus OF 1000 tons. Considering the heavy
excess OF receipts from other West Indies 81 90
IONS. il seems probable that receipts from thence
will show minus for lsst half Of year. The
Philippines VIII certainly show rlinus-Brazil
is the only producing country which may give
surplus receipts.
However until the expectation is further con
6rmed. and the present excess Of stocks IN the
United States 1880 tonsl has been taken care
OF. holders viii probably continue 10 meet buyers
on the cid basis OF values.
Total stocks in all the principal countries. July
9Th. was O22, Ss5 tons against l399l6 tons last
year. and against the previous weeks figures OF
Z, iSS. 9d4 tous. and .2t4. T>2 tons.
The reduction OF rO-al stocks in al countries
from January Ist % june 1st WAS 255,1S4 tons,
GCainst 49,2ls tons reduction FOR same time last
year.
OUE LATEST TELEGEspHIC ADy1CES from New
York Of the 18Th inst. quote value Of Cuba Cen
Irifu-als So test, az SAC. asked. with sales OF
other CeuIrlfgEals ~ lac. lower. Holders very
hrn-mSrket strong snd advancing, slowly.
Prospects good FOR August and September.
London Beets So test 1913. European and
Foreign markets STEADY. Crops promise fairly.
RICE:--Sales Of new crop are being made at
IS cash. The feeling among buyers is that Rice
VIII remain about that price, and 20 no t0lrer.
But az the same time there IS no speculative feel
ing. as there Is q large quantity on hand, amply
sufficient for all demand. There is 3 chance Of
Eastern FreiEhts being reduced; if soi rice
would probably be advanced sc. per To.
FLOCR-G. q. extra family, $ = per Dbl. f.o. b..
z Dorado, S4.35 fob
BARLEY-No. ! feed. Sl.l9k per ctI. fob.
GROUND AND ROLLED BARLEN-S2S 50 per
Ton fob.
MDDLINGS-s26.O0p per ton fob.
BRAS-S26.O0 q, S27.O0 per ton feb
OATS-FSir. 81 Is; Choice, Sl.10; per cu. 70. %.
HAN-Wheat compressed $3.50 perton, TO. b. 4;
oat compressed S1s59 per ton. fob. large bales,
wheat SIS 90 per ton fob; large bales. cat. SIC.
LIME-Sl.40GSi.50 per Dbl. fob.